tibbs, page-10

Hi Harlee,

1]
“Sarcastic undertone” … None willfully used, & none intended! Just the reality that on all threads (including BMN & EXT) there are those that wont to listen to anything that goes contrary to their belief structure.

2]
Extract may be able to achieve a higher head grade based on early information
• Bannerman is looking to improve the 219 ppm head grade from the initial resource

I am totally convinced that Extract WILL achieve a higher head grade than BMN. But it wont be “bulk-tonnage.” It’s spread over large areas in four separate deposits with over 4xtimes the waste to deposit ratio? They will need an average grade in excess of 900ppm to even look at mining it.

3]
255ppm … “I believe you to be incorrect”

Well the reporter is wrong!! The figures are simple to work out …. Totals of each hole on left … Totals of each hole ppm on right. Grand totals at bottom … then divide one number into the other.

M PPM
16 3232
10 1650
26 6968
31 6944
2 256
12 3108
6 1080
3 639
62 14570
7 1267
34 9180
20 8020
12 1644
12 3000
6 1170
33 11616
24 6120
Totals:
316 80464 (divide total ppm/ total thickness)
=
254.63 ppm

Harlee … lastly, this is not a BMN v EXT thing for me … I have a very significant amount of cash invested in the market, with only some of that invested in BMN. I want EXT to succeed!! I want to be able to buy them up!! Their low MC is of great interest to me along with the marvelous prospectivity of their Husab targets. Rossing South causes me to salivate! Hildenhof could begin to emulate Goanikontes! But Ida Dome just keeps bringing up red lights for me.

But time will tell … In the meantime I watch closely. If I get the green light then….

;-)

cheers